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CoinDesk - by layer3.news
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2025-02-05 16:12:46
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Why DeFi Will Benefit From Trade Wars


CoinDesk (nprofile…nhef)
✍️ Bitcoin tumbled below $100K as markets reacted to the latest escalation in US trade disputes, leading to a significant sell-off in the digital asset market.
👉 Bitcoin tumbled below $100K as markets reacted to the latest escalation in US trade disputes
👉 The broader digital asset market followed suit, leading to a significant sell-off
👉 Increased global economic uncertainty has led to increased volatility in traditional markets
👉 Investors are turning to alternative assets like bitcoin and other cryptocurrencies
👉 The crypto market is not immune to the effects of tariff wars, and the increased uncertainty has led to disruptions in mining and regulatory challenges

#Canada #Mexico #China #US #technology
CoinDesk (nprofile…nhef)

In the short-term, the crypto market will be negatively impacted by increased volatility in global trade, says ML Tech’s Leo Mindyuk. But over time, crypto will be less impacted than traditional finance.
https://www.coindesk.com/coindesk-indices/2025/02/05/why-defi-will-benefit-from-trade-wars

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